Group 1 - Soybean futures are experiencing gains of 12 to 13 cents in the nearby contracts, with May 26 Soybeans at $10.76 1/2 and July 26 Soybeans at $10.88 3/4 [1][2] - The national average Cash Bean price is reported at $9.95, which is 13 1/4 cents lower compared to previous data [1][2] - Soymeal futures are declining by 40 to 70 cents, while Soy Oil futures are increasing by 141 to 144 points [1] Group 2 - Rainfall is anticipated in northern Brazil over the next week, which may slow down the early harvest, while southern Brazil and parts of Argentina are expected to remain drier [2] - The potential meeting between US Trade Representative Greer and Chinese counterparts before April is highlighted, coinciding with President Trump's expected meeting with President Xi [1]
Soybean Rally Holding on Wednesday
Yahoo Finance·2026-01-21 18:22